126 Rogers AveHartsville, SC 29550

Property Details for 126 Rogers Ave

Year built

1951

Lot size

0.31 AC

Property size (Sq ft)

2,400 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This fully renovated, two-unit duplex in Hartsville, SC, presents a compelling investment opportunity. Located on a 0.31-acre lot at 126 Rogers Ave (APN 056-02-01-015), this Class A property boasts 2,400 square feet and offers significant value-add potential. Built in 1951 and extensively renovated in 2022, the property features two, two-bedroom, one-bathroom units, each with updated kitchens (granite countertops, stainless steel appliances, in-unit laundry), refinished hardwood floors, stylish bathrooms, and ample parking. Currently operating at 100% occupancy with a stabilized NOI of $21,101 and a 7.09% cap rate, the pro-forma NOI projects to $27,000, representing a 9.08% cap rate. The property is situated in an established neighborhood, steps from Prestwood Lake and Lawton Park, offering residents access to recreational amenities. Zoned R-1, this property is an excellent addition to any investment portfolio. Serious inquiries only; proof of funds or pre-approval required for showings. This is a 1031 exchange eligible property.

Location Insight

City

Hartsville

County

Darlington

State

South Carolina

Latitude

34.3813

Longitude

-80.0787

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